Archive: September 21, 2008 - September 27, 2008

The Weekend Movie: "A Pug's Life"

From the folks at SnagFilms, we bring you a Dog-umentary diversion -- because, well, this was a week for the dogs. SnagFilms is a startup backed by Washington Capitals majority owner Ted Leonsis and others; we wrote about the company here....

By Dan Beyers | September 26, 2008; 5:00 PM ET | Comments (0)

Vital Signs: The Future Is (Sort Of) Now

Welcome to Kendra Marr's new blog-in-a-blog on the Washington area's biotech and health care scene. We're calling it Vital Signs. By Kendra Marr Perhaps it was the purple starry night backdrop or the strange silver poles lined up on stage, but G. Steven Burrill seemed to have arrived from the...

By Dan Beyers | September 26, 2008; 2:35 PM ET | Comments (0)

Vital Signs: The Weekly Roundup

Here's your weekly dose of biotech and health care news in the Washington region, by Washington Post biotech reporters Kendra Marr: *MacroGenics, a privately held Rockville biotech, raised $25 million in financing. *Hanger Orthopedic Group of Bethesda announced that Ares Corporate Opportunities Fund said it would sell 2.5 million shares...

By Dan Beyers | September 26, 2008; 2:30 PM ET | Comments (0)

Early Briefing: More Sticker Shock

It's not enough that we have this credit crisis roiling the markets -- and our 401ks -- now we learn that health insurance costs are likely to spike next year. Federal Diary columnist Joe Davidson writes that health insurance premiums for federal employees will jump almost 8 percent, on average,...

By Dan Beyers | September 26, 2008; 8:13 AM ET | Comments (1)

La Plaza: "Authentic Salvadoran Flavor"

Welcome to Alejandro Lazo's weekly blog-within-a-blog on the region's Latino business community. By Alejandro Lazo You might be familiar with the slogan "Made in the U.S.A.;" well now the government of El Salvador is trying to promote its native brands for Salvadorans living in this country using a similar strategy....

By Dan Beyers | September 25, 2008; 7:30 PM ET | Comments (0)

Early Briefing: Anxiousness And Anger On Main St.

The president and the presidential hopefuls plan to huddle today to press the case for a $700 billion bailout for Wall Street that they say is necessary to also save Main Street. We hear from those on the front lines in today's paper: D.C. real estate agent David Crossland can...

By Dan Beyers | September 25, 2008; 8:50 AM ET | Comments (0)

Roundup: Gateway Bank, Discovery, Corporate Office Properties Trust

From staff and wire reports *Gateway Financial Holdings, the Virginia Beach-based parent of Gateway Bank & Trust Co., said it has agreed to a $101 million deal to merge with Hampton Roads Bankshares, the holding company for the Bank of Hampton Roads and Shore Bank. Gateway was among area institutions...

By Terri Rupar | September 24, 2008; 4:01 PM ET | Comments (0)

What Would Herodotus and David Copperfield Do?

Need some advice to weather the current economic crisis? Read a good book. The Washington Post Business section has partnered with Amazon to assemble a list of good reads from smart people. Check out the page here...

By Dan Beyers | September 24, 2008; 10:43 AM ET | Comments (0)

Early Briefing: Budget Troubles and Foreclosures

*In the year since Maryland launched a series of foreclosure prevention programs, the state has helped just 88 troubled borrowers get into new loans or keep up with their payments, at a cost of about $17.9 million. State officials say their efforts have been hamstrung by borrowers who wait too...

By Terri Rupar | September 24, 2008; 5:00 AM ET | Comments (1)

Roundup: Capital One, Constellation, Iridium and More

From staff and wire reports *Capital One Financial plans to offer 14 million new shares as it builds loan loss reserves by $200 million. The U.S. economy is expected to stay weak, the McLean company said in a statement. *Maryland Gov. Martin O'Malley says he will let the state's Public...

By Terri Rupar | September 23, 2008; 5:09 PM ET | Comments (0)

Value Added: Carlyle's Bill Conway On The Bailout

Here's Tom Heath's latest column on Washington's business community: It was just a few months ago when I was eating a hamburger with Carlyle Group co-founder Bill Conway at a Northern Virginia restaurant and he was predicting that the mayhem on Wall Street would get worse and last at least...

By Dan Beyers | September 23, 2008; 1:45 PM ET | Comments (6)

Early Briefing: Fairfax Home Prices Tick Up

* Home sales in Fairfax County rose 10.7 percent last month, the county's first double-digit increase in a year and a half, according to the most recent data from the company that tracks local real estate listings. The flurry of sales activity suggests that prices have dropped low enough to...

By Dan Beyers | September 23, 2008; 8:39 AM ET | Comments (0)

Teaming Up On Online Video

This story was also posted on the Post I.T. blog. By Kim Hart Two local companies joined forces today in an attempt to give online video its fair share of digital advertising revenue. Anystream, based in Dulles, provides video production software and content management tools to format videos for media...

By Dan Beyers | September 23, 2008; 5:00 AM ET | Comments (0)

Up and Down: Provident, FBR Capital Markets, JER, Capital One

The Post-Bloomberg index gained 2.9 percent last week, a wild one on Wall Street. The S&P 500 gained 0.3 percent. *Shares of Baltimore-based Provident Bankshares (PBKS) gained 32 percent last week and 9 percent the week before. They've gained 83 percent in the past month and 95 percent in the...

By Terri Rupar | September 22, 2008; 12:00 PM ET | Comments (0)

Early Briefing: Monument and Lehman

It's Monday, so the Business section goes all local. Half Street. Photo by Alejandro Lazo -- The Washington Post *As trouble in the credit markets grew last year, Jeff Neal and Michael J. Darby, principals of one of Washington's most active commercial real estate firms, began looking to replace their...

By Terri Rupar | September 22, 2008; 5:00 AM ET | Comments (0)

 
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